CNP Assurances renews Caceis mandate
12 February 2024 France
Image: Elena Abrazhevich/stock.adobe.com
Personal and property insurance provider CNP Assurances has renewed its mandate with Caceis.
The asset servicing group will continue to provide custody for the company’s approximate €260 billion in assets, along with middle-office services for securities finance transactions.
This renewal builds on a more than 15-year relationship between the firms.
Joe Saliba, deputy general manager of Caceis, says: “This major mandate confirms Caceis as a key partner for CNP Assurances.
“Over the years, we have constructed a bespoke operational model that is perfectly adapted to their needs and we are committed to supporting their business development plans going forward.”
The asset servicing group will continue to provide custody for the company’s approximate €260 billion in assets, along with middle-office services for securities finance transactions.
This renewal builds on a more than 15-year relationship between the firms.
Joe Saliba, deputy general manager of Caceis, says: “This major mandate confirms Caceis as a key partner for CNP Assurances.
“Over the years, we have constructed a bespoke operational model that is perfectly adapted to their needs and we are committed to supporting their business development plans going forward.”
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